Increasing certainty for investors in renewable electricity
DECC, UK: The Final Investment Decision Enabling programme helps developers of low carbon electricity projects make final investment decisions. Developers of renewable electricity projects will be able to apply for support to enable them to commission and build projects more quickly. The Government’s Final Investment Decision Enabling programme is designed to help developers of low carbon electricity projects make final investment decisions ahead of changes to the electricity market in the second half of 2014. Further details of the process for providing support to renewable electricity projects have now been published, including information on the form of support available and the qualification criteria. The Government aims to offer investment contracts to successful applicants in the Autumn, based on the draft strike prices and contract terms that will be published in the Summer. (Source: https://www.gov.uk/government/news/increasing-certainty-for-investors-in-renewable-electricity)